Confused about ytd (year to date)

Mosaud1998 · 08-29-2021, 12:07 AM

Quote:

Originally Posted by Nativetexan

Quote:

Originally Posted by Mosaud1998

I think I'm opted in for 401k. I just don't remember. I gotta double check

Max it out if you can.

I gotta talk to the GM about that. I actually forgot lmao

chassis · 08-29-2021, 01:20 AM

Mosaud1998 401k contributions are listed on your pay stub. Read each and every word on your pay stub, and understand them.

If you like, you could either type all of the line item headings, or post a photo of your pay stub, with personal information redacted. People on this thread can help you understand what is printed on the pay stub.

Mosaud1998 · 08-29-2021, 06:53 PM

Here's a screenshot of the ytd compensation I am referring to.

I also attached a photo of my ytd from my most recent paycheck.

chassis · 08-29-2021, 07:04 PM

Thanks Mosaud1998 .

I don't see a $29k figure.

Your deposit amount is: earnings - taxes - deductions = deposit amount.

For the most recent period:

earnings: $4,400.95
taxes: $1,264.94
deductions: $120.00
deposit (net pay): $3,016.01

The YTD amounts add up when I checked. I don't see anything strange or confusing.

If you have questions about any of the line items, people on this thread can walk you through the purpose and meaning of each line item.

Mosaud1998 · 08-29-2021, 07:48 PM

Quote:

Originally Posted by chassis

Thanks Mosaud1998 .

I don't see a $29k figure.

Your deposit amount is: earnings - taxes - deductions = deposit amount.

For the most recent period:

earnings: $4,400.95
taxes: $1,264.94
deductions: $120.00
deposit (net pay): $3,016.01

The YTD amounts add up when I checked. I don't see anything strange or confusing.

If you have questions about any of the line items, people on this thread can walk you through the purpose and meaning of each line item.

The $29k Is the ytd compensation. That's what's confusing me

chassis · 08-29-2021, 10:55 PM

@Mosaud1998 where is $29k printed on the document?

MaC-N54-E82 · 08-29-2021, 11:22 PM

Quote:

Originally Posted by chassis

@Mosaud1998 where is $29k printed on the document?

It's on the heading of the pie chart.

Mosaud1998 · 08-29-2021, 11:34 PM

Quote:

Originally Posted by chassis

@Mosaud1998 where is $29k printed on the document?

It's the piechart.

it's not on my check though

chassis · 08-29-2021, 11:55 PM

Ok got it, thanks.

If you uncheck “include employer paid taxes”, what does the pie chart look like?

You should ask the GM or the payroll/HR department what the ER tax includes.

Mosaud1998 · 08-30-2021, 09:06 AM

Quote:

Originally Posted by chassis

Ok got it, thanks.

If you uncheck “include employer paid taxes”, what does the pie chart look like?

You should ask the GM or the payroll/HR department what the ER tax includes.

YTD compensation goes down to $26,942.

YTD on my checks shows $26,691. Missing $251.

I'll see if I can have the GM hand me payrolls email.

dreamingat30fps · 08-30-2021, 09:49 AM

That chart has SPIFF twice at $250, the paycheck only shows one $250 SPIFF. If you deduct the extra $250 from the total they match.

Mosaud1998 · 08-30-2021, 09:58 AM

Quote:

Originally Posted by dreamingat30fps

That chart has SPIFF twice at $250, the paycheck only shows one $250 SPIFF. If you deduct the extra $250 from the total they match.

Okay the makes sense.

The 29k doesn't

dreamingat30fps · 08-30-2021, 10:16 AM

Quote:

Originally Posted by Mosaud1998

Okay the makes sense.

The 29k doesn't

They just showed you the 29k includes employer paid taxes.

Mosaud1998 · 08-30-2021, 10:57 AM

Quote:

Originally Posted by dreamingat30fps

They just showed you the 29k includes employer paid taxes.

So, I don't use that to calculate my yearly income, correct?

dreamingat30fps · 08-30-2021, 11:00 AM

Quote:

Originally Posted by Mosaud1998

So, I don't use that to calculate my yearly income, correct?

No, it's taxes paid by your employer on your behalf. At least not for your net YTD.

Mosaud1998 · 08-30-2021, 11:11 AM

Quote:

Originally Posted by dreamingat30fps

No, it's taxes paid by your employer on your behalf. At least not for your net YTD.

Makes sense

UncleWede · 08-30-2021, 01:30 PM

Now, try to understand Imputed gross income

upstatedoc · 08-30-2021, 03:28 PM

For the love of God…

08-29-2021, 01:20 AM	#24
chassis Colonel 8454 Rep 2,508 Posts Drives: 9Y0 Cayenne S Join Date: Mar 2019 Location: Einbahnstraße iTrader: (0) Garage List 2020 Porsche Cayenne S [7.69]	Mosaud1998 401k contributions are listed on your pay stub. Read each and every word on your pay stub, and understand them. If you like, you could either type all of the line item headings, or post a photo of your pay stub, with personal information redacted. People on this thread can help you understand what is printed on the pay stub.
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08-29-2021, 06:53 PM	#25
Mosaud1998 Colonel 4344 Rep 2,830 Posts Drives: 2019 BMW 540 Join Date: Nov 2019 Location: Suburb of Chicago iTrader: (0) Garage List 2019 BMW 540 [0.00]	Here's a screenshot of the ytd compensation I am referring to. I also attached a photo of my ytd from my most recent paycheck. Attached Images
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08-29-2021, 07:04 PM	#26
chassis Colonel 8454 Rep 2,508 Posts Drives: 9Y0 Cayenne S Join Date: Mar 2019 Location: Einbahnstraße iTrader: (0) Garage List 2020 Porsche Cayenne S [7.69]	Thanks Mosaud1998 . I don't see a $29k figure. Your deposit amount is: earnings - taxes - deductions = deposit amount. For the most recent period: earnings: $4,400.95 taxes: $1,264.94 deductions: $120.00 deposit (net pay): $3,016.01 The YTD amounts add up when I checked. I don't see anything strange or confusing. If you have questions about any of the line items, people on this thread can walk you through the purpose and meaning of each line item.
	Appreciate 1 Mosaud19984344.00 Quote

08-29-2021, 10:55 PM	#28
chassis Colonel 8454 Rep 2,508 Posts Drives: 9Y0 Cayenne S Join Date: Mar 2019 Location: Einbahnstraße iTrader: (0) Garage List 2020 Porsche Cayenne S [7.69]	@Mosaud1998 where is $29k printed on the document?
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08-29-2021, 11:55 PM	#31
chassis Colonel 8454 Rep 2,508 Posts Drives: 9Y0 Cayenne S Join Date: Mar 2019 Location: Einbahnstraße iTrader: (0) Garage List 2020 Porsche Cayenne S [7.69]	Ok got it, thanks. If you uncheck “include employer paid taxes”, what does the pie chart look like? You should ask the GM or the payroll/HR department what the ER tax includes.
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08-30-2021, 09:49 AM	#33
dreamingat30fps Lieutenant Colonel 6123 Rep 1,951 Posts Drives: Miata, ES350, Model 3, F350 Join Date: Jan 2010 Location: South Florida & NC iTrader: (1)	That chart has SPIFF twice at $250, the paycheck only shows one $250 SPIFF. If you deduct the extra $250 from the total they match.
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08-30-2021, 01:30 PM	#39
UncleWede Long Time Admirer, First Time Owner 18681 Rep 9,445 Posts Drives: G01 X3 M40i Dark Graphite Join Date: Jun 2005 Location: Oxnard, CA iTrader: (0)	Now, try to understand Imputed gross income
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08-30-2021, 03:28 PM	#40
upstatedoc I'll get back to you 7524 Rep 2,132 Posts Drives: blue streak Join Date: Dec 2009 Location: not downstate iTrader: (2)	For the love of God… __________________ 2018 Stinger GT 2009 E90 N51 /Active Autowerke Stage 2 tune/BMW Performance Exhaust/ Countermeasure enthusiast.
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